1. Shutdowns prompt call for aid : Uttama wants relief for ailing businesses . In the wake of a spate of business shutdowns, Finance Minister Uttama Savanayana has instructed specialised financial institutions (SFIs) to roll out assistance measures for their ailing business customers. Bangkok Post
  2. Govt could seize land in Pareena case : Deputy Agriculture Minister Thamanat Prompow has vowed to seize land from Palang Pracharath MP Pareena Kraikupt if a claim that 900 rai of her estate is in a “land reform” area proves true. Bangkok Post
  3. NBTC: Digital TV operators mulling exit as revenue erodes : Several digital TV operators are considering exiting the sector and hope to receive compensation as they face declining revenue, says the National Broadcasting and Telecommunications Commission (NBTC). Bangkok Post
  4. B12bn submarine buy ‘still on’ : Deputy Prime Minister Prawit Wongsuwon insists the navy will go ahead with its plan to buy a second Chinesemade submarine amid reports of a possible delay. Bangkok Post
  5. Forecasts cut as Q3 GDP withers : NESDC’s full-year projection at 2.6%. The slowdown in economic growth in the third quarter has prompted government think tank National Economic and Social Development Council (NESDC) to cut its 2019 GDP forecast again to 2.6% – from an earlier projection of 2.7%-3.2%. Bangkok Post
  6. Thailand talent level slips : Thailand slipped one position to 43rd out of 63 economies in the World Talent Ranking 2019, while its regional peers Singapore, Indonesia and the Philippines advanced, according to a report conducted by the IMD World Competitiveness Centre (WCC). Bangkok Post
  7. E-payment roadmap eyes cross-border as first order : The national e-payment roadmap for 2020 prioritises cross-border payments and fund transfers, aiming to boost financial transactions via the digital platform across Asean and deepening integration of the regional bloc. Bangkok Post
  8. FFP head faces new legal fight : Thanathorn out as MP, judges confirm . The Constitutional Court’s decision to strip Future Forward Party leader Thanathorn Juangroongruangkit of his MP status over his controversial media share-holding yesterday has raised the prospect of the Election Commission (EC) pursuing a criminal case against the FFP leader. Bangkok Post
  9. Exports continue monthly decline : Protectionism hurts key trading partners . Thailand’s exports have not recovered, falling 4.5% year-on-year in October, the third straight monthly contraction. Bangkok Post
  10. EU FTA could deliver Thai GDP boost : A free trade agreement (FTA) with the EU is likely to stimulate not only exports but imports and investment as well, helping to raise Thailand’s GDP by 1.63% a year, says a joint study by the Trade Negotiations Department and the Institute of Future Studies for Development (IFD). Bloomberg

  1. The case against Parina’s 1700 rai chicken farm has the potential to distrupt supply. This is a big operation and is a supplier to Betagro – among the top five. I think the disruption in operations can lead to drastic drop in chicken supply. It could also result to potential NPL for a couple of banks.

    • highly doubt it will have a significant impact on the supply side given ample chicken supply has kept prices low for a number of years. This pig flu epidemic might be a silver lining for chicken if it forces people to change their meat consumption habits to bird. Although with all the luck Thailand has avoided swine flu thus far.

      • Swine flu did hit some parts in northern thailand, but this wasn’t well covered by the media here.

        Doubt we see big changes in food habits…Vietnamese and Chinese are still enjoying their pork…I don’t see that changing here much either, anytime I see my favourite Moo Ping Sticky Rice place I’m ordering it, diseases be damned! :p

        Chicken – Potentially should the government/courts act on it….

    • peter satrapa-binder

      – well, if it’s ruled to be illegal land usage/encroachment, the supply and financial effects shouldn’t be any consideration.
      – in any case only 40 rai out of 690 or so were seized….

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